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Warrington Florist – Bargain Rent – Premium Shop – High Footfall - Robust Profits

Warrington Cheshire
On busy and redeveloped high street, parking opposite. Recurring, rising revenue from loyal customers and hotel contract. Just refurbished, large Victorian fronted shop (520 square foot), with bargain rent (£500pcm) and terms. Sale due to pregnancy Lease to let or rent Warrington Florist – Bargain Rent – Premium Shop – High Footfall - Robust Profits is located in Cheshire.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 8073
ADVERT IMPRESSIONS : 18,184 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Florists
SALE: Private Sale

LEASEHOLD:

£25000

ANNUAL RENT:

£6000
 

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BUSINESS DETAILS:

On busy and recently redeveloped high street. Recurring revenue stream from major hotel contract, and established, loyal customer base coming from far and wide.

Recently refurbished, large Victorian fronted shop (520 square foot), with bargain rent of £500pcm, with very favourable contract terms allowing break at any time, and fixed rents!

Turnover estimate £50k and rising, robustly profitable – call for details. Being reluctantly sold for a reduced price – proprietor is expecting a child in the summer and does not want to commit time managing the shop.

Location:

Prime high street location in busy suburb of Warrington, in recently redeveloped area accross the road from busy, new shopping parade. Historic Victorian shop with highly visible frontage on main road with parking accross the road and outside.

Lease terms:

Leasehold, fixed rent at £500pcm until at least 2010, can be broken at any time by tenant but not landlord. Very favourable terms were negotiated due to strong relationship with landlord.

Fittings included:

Part of the character of the shop, and part of the reason for its success are the quality of the fixtures, with period Victorian furniture and bright and functional working area, office area and fitted kitchen. These are included.

Expansion Opportunities:

Huge opportunity to expand further, the business is experiencing rapidly increasing revenues due to increased size of customer base with high loyalty, increasing numbers of funerals and other major events. Only been trading since 2006, but already has developed an enviable position with robust profits and rising turnover. Invited to tender for a number of annual council events and benefit from contract with a major hotel, which is seeking to expand the services offered to them.

Reason for sale:

Selling due to pregnancy, proprietor does not want to continue to be involved with the business - would like to look after child full time.
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

8073 / RightBiz
   
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